Jeffrey Epstein's 'Jane Doe' Reaches Tentative $290M Settlement With JPMorgan
- 10 months ago
JPMorgan Chase signaled its intent to reconcile a lawsuit levied against the mega bank, accusing it of profiting from the sex trafficking operations of its former client, Jeffrey Epstein.
An “agreement in principle” to settle the class action suit was issued in a statement on Monday by JPMorgan and the lawyers representing the victims, according to Bloomberg, initially filed by a victim of Epstein identified only as Jane Doe.
Despite reaching an agreement with Jane Doe, JPMorgan continues to grapple with a similar case brought by the U.S. Virgin Islands, Bloomberg reported, a location known for Epstein’s secluded retreat where several of his victims were brought.
The lawsuit, submitted anonymously last year by an Epstein survivor, sheds light on the sexual abuse endured by women and young girls spanning a 15-year period when they were in their teens. While the exact number of victims remains unknown, the potential number could exceed a hundred, according to The New York Times.
An “agreement in principle” to settle the class action suit was issued in a statement on Monday by JPMorgan and the lawyers representing the victims, according to Bloomberg, initially filed by a victim of Epstein identified only as Jane Doe.
Despite reaching an agreement with Jane Doe, JPMorgan continues to grapple with a similar case brought by the U.S. Virgin Islands, Bloomberg reported, a location known for Epstein’s secluded retreat where several of his victims were brought.
The lawsuit, submitted anonymously last year by an Epstein survivor, sheds light on the sexual abuse endured by women and young girls spanning a 15-year period when they were in their teens. While the exact number of victims remains unknown, the potential number could exceed a hundred, according to The New York Times.